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Symphony AyasdiAI Takes Gold in 2022 Edison AwardsGroundbreaking AI and Machine Learning Technology Fights Money Laundering PALO ALTO, Calif., April 26, 2022 /PRNewswire/ -- Symphony AyasdiAI announced today that it has won Gold in the Commercial Technology, Data Security Solutions category at the 2022 Edison Awards. Winning an Edison Award is one of the highest accolades a company can receive for the successful launch of a "game-changing" new product or service. The 2022 Edison Award Winners come from many nations around the world and represent a diverse population of people, products, industries and target communities. AyasdiAI has pioneered the use of artificial intelligence (AI) for financial crime and anti-money laundering (AML). The company's SensaAML™ platform is the leading application focused on combatting money laundering and terrorist financing, while helping financial institutions achieve their regulatory compliance obligations. This platform is a product of AyasdiAI's groundbreaking AI and machine learning technology that has been developed over a decade and amassed 44 patents to date. SensaAML, the most powerful detection engine in the industry, combines topological data analysis (TDA) with unsupervised machine learning to discover the DNA of complex financial crime. Using modern, enterprise, cloud-native application architecture, the platform ingests billions of customer data points and applies advanced AI to explore the hidden relationships and patterns within the data, revolutionizing the way banks detect financial crime. The complete list of winners is showcased at www.edisonawards.com. Frank Bonafilia, executive director, Edison Universe, said: "The 2022 Edison Award winners ar not only innovators, but also leaders in their field and community. We award this honor for the technological advances and the impact on industry. We know that their innovations will have long lasting effects on the world." Simon Moss, CEO, Symphony AyasdiAI, said: "To be recognized by the Edison Awards from over 300 submissions for our work and mission is an honor and outstanding achievement. Financial crime is often complex and difficult to find. SensaAML is a breakthrough technology that provides unparalleled detection of money laundering and other criminal activities. Such crimes are used to fund terrorists and their exploitation of society's vulnerable population. We're committed to continual innovation to bring an end to such heinous activities." About the Edison Awards About Symphony AyasdiAI About SymphonyAI View original content to download multimedia:https://www.prnewswire.com/news-releases/symphony-ayasdiai-takes-gold-in-2022-edison-awards-301532825.html SOURCE Symphony AyasdiAI |